Monday, August 06, 2018

FACEBOOK_ Facebook to Banks: Give Us Your Data, We’ll Give You Our Users

THE WALL STREET JOURNAL

MARKETS

Facebook to Banks: Give Us Your Data, We’ll Give You Our Users

Facebook has asked large U.S. banks to share detailed financial information about customers as it seeks to boost user engagement

By Emily Glazer, Deepa Seetharaman and AnnaMaria Andriotis

Updated Aug. 6, 2018 7:31 p.m. ET

Facebook Inc. wants your financial data.

The social-media giant has asked large U.S. banks to share detailed financial information about their customers, including card transactions and checking-account balances, as part of an effort to offer new services to users.

Facebook increasingly wants to be a platform where people buy and sell goods...

READ MORE: https://www.wsj.com/articles/facebook-to-banks-give-us-your-data-well-give-you-our-users-1533564049


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